Kipu Quantum, a German quantum software company, is advancing BASF’s logistics optimization using its novel quantum algorithms. By implementing a digital compression method, Kipu enhances the search for optimal solutions through quantum dynamics encoded into digital quantum computers.
In collaboration with BASF, the world’s largest chemical company, Kipu addressed robot scheduling for laboratory floors and the traveling salesperson problem. Utilizing the Digitized Counterdiabatic Quantum Optimization (DCQO) approach, Kipu’s algorithms outperformed traditional methods like QAOA in these scenarios. Dr. Abhishek Awasthi, a quantum computing scientist at BASF, highlighted the advancements of DCQO, though noting further development is needed for business application.
Daniel Volz, CEO of Kipu Quantum, emphasized the milestone this collaboration represents for real-world quantum computing applications, particularly in the NISQ era. Kipu’s solutions significantly reduce the requirements for solving industry use cases, promising enhanced efficiency and effectiveness.
For additional information on this project with BASF, you can access a press release the company has provided here. And for more details about the DCCO algorithm, you can see a technical paper posted on arXiv here.
July 25, 2024